Hospitality Net

APRIL 29, 2024

It used to be that you’d find the perfect hotel by contacting local travel agencies or searching on good old Google. But a new report shows that search methods are changing, especially for Gen Z consumers. Social media platforms like Instagram and TikTok are becoming increasingly popular for discovering hotels.

Travel 201

Travel Consumer Hotels 201

Hospitality Net

JUNE 26, 2023

Consumers across the U.S. won’t let rising prices stop them, with a majority (77%) planning to dip into their savings this year to travel. The overall price of lodging has climbed 23.6%

Consumer 155

Consumer Accommodation Travel 155

Hospitality Net

DECEMBER 13, 2023

Americans are taking more leisure trips and they’re increasingly using the services of a travel advisor to assist them with planning and booking those trips, according to the 2023 Internova Index: American Traveler Insights, a new survey of travel trends conducted by Internova Travel Group.

Travel 100

Travel Consumer Services 100

Hospitality Net

APRIL 5, 2024

Global leisure travel spending is projected to reach $9,332 billion by the end of 2029, an almost 50% increase from 2023. Today’s consumers feel confident in the value of travel — and are willing to make it a priority. But the vacations they’re craving are changing.

Forecasting 130

Forecasting Travel Consumer 130

Hospitality Net

DECEMBER 20, 2023

Clear M&C Saatchi, the global growth strategy consultancy, releases their latest thought piece: the "Beyond Travel & Hospitality 2030" report. This report seeks to imagine what the future of travel could really look like - a call to action for T&H brands to focus on CX and Innovation as true levers for growth."

Travel 214

Travel Hospitality Retail Consumer 214

Hospitality Net

FEBRUARY 1, 2024

Inside our business, we’re squarely positioned at the crossroads of the travel and tourism industry, where macroeconomic factors, consumer behavior and innovation converge. As we settle into a new year, I always enjoy the exercise of reflecting on the year behind us and evaluating (with a healthy dose of optimism) what lies ahead.

Travel 163

Travel Consumer Tourism Business 163

Hospitality Net

JANUARY 19, 2024

The travel industry has shown remarkable resilience in the face of economic uncertainty, tightened disposable incomes and the shadow of the pandemic hanging overhead - with consumers prioritizing vacations and putting more savings aside to fund substantial trips.

Travel 181

Travel Consumer Hospitality 181

Hospitality Net

JUNE 13, 2023

New insights from the Mastercard Economics Institute reveal that consumers are taking advantage of a more traditional travel ecosystem in 2023, prioritizing leisure travel and pioneering new corridors around the world.

Travel 167

Travel Consumer 167

Hospitality Net

APRIL 21, 2023

As some experts speculate that consumer savings will dwindle and there will be less travel in 2023, our early market indicators show a different story. Currently, the revenge travel trend is holding strong, and exponential levels of demand and direct bookings seem likely to continue growing in 2023.

Travel 189

Travel Consumer Market Marketing 189

Hospitality Net

SEPTEMBER 6, 2023

From a consumer perspective, travel planning opportunities are ubiquitous – many major digital platforms offer some sort of travel planning, whether it be Google, Uber, or even major banks. Third party encroachment on the customer booking journey means higher costs required to achieve visibility in in the eye of the consumer.

Travel 162

Travel Consumer Hotels 162

Hospitality Net

MAY 26, 2023

Prioritizing sustainability is becoming increasingly more central to the destination travel industry’s overall business plans as companies look to save natural resources, manage costs, yield returns, and appeal to more environmentally conscious consumers.

Travel 176

Travel Consumer Business Management 176

Hospitality Net

SEPTEMBER 28, 2023

SiteMinder, the world’s leading open hotel commerce platform, has released the 2023 edition of the world’s largest consumer research on accommodation, which reveals that 91% of travellers intend to travel at least the same amount as they did over the past year, including at least 1-in-2 (57%) who intend to travel more.

Accommodation 196

Accommodation Travel Consumer Hotels 196

Hospitality Net

NOVEMBER 30, 2023

edition of the Visa Global Travel Intentions Study, revealing emerging trends in consumer behaviors and preferences for outbound and inbound cross-border travel. Travel has surged post-COVID and there are no signs of retreating, despite rising costs. Today Visa (NYSE: V) announced the results of its 2023 U.S.

Travel 124

Travel Cancellation Intent Consumer 124

Hospitality Net

FEBRUARY 7, 2024

With accolades from Condé Nast Traveler to Forbes, Men’s Health, and Business Traveler North America, Hyatt is celebrating company-wide accolades and awarded Hyatt hotels and resorts in the Americas region in 2023.

Consumer 100

Consumer Resorts Travel Business 100

Hospitality Net

JANUARY 18, 2024

Agilysys (NASDAQ:AGYS), a leading global provider of hospitality software solutions and services, today announces the results of the 2023 UK Hospitality Impact Study, which revealed that just 27% of UK travellers have rebooked a hotel in the last year.

Travel 135

Travel Consumer Services Hospitality 135

Hospitality Net

FEBRUARY 26, 2024

The travel industry, which saw a massive surge in demand post-pandemic, is now grappling with the reality of normalized demand and growth expectations for 2024. Booking Holdings, along with other travel companies like Airbnb and Expedia Group, benefited greatly from increased consumer spending on travel experiences after the lockdowns.

Travel 120

Travel Forecasting Consumer Revenue 120

Hospitality Net

DECEMBER 11, 2023

According to a study conducted by Forbes, 82% of consumers are more likely to trust a brand that is tailored to their specific needs and interests. This highlights the importance of creating a brand that resonates with the target audience, as it can significantly impact consumer trust and loyalty.

Branding 191

Branding Consumer Travel Hospitality 191

Hotel Management

FEBRUARY 20, 2024

Ahead of the inaugural AHICE South East Asia, which takes place in Singapore on February 27-29, JLL Hotels and Hospitality Group CEO APAC, Nihat Ercan, discusses the latest developments in hospitality across the region. This trend is spurred by increasing global wealth and the ongoing convergence of living and traveling, respectively.

Real Estate 245

Real Estate Average Daily Rate Occupancy Tourism 245

Hospitality Net

MAY 24, 2023

These new insights combined with surveys of current business travelers and corporate executive perspectives from the Quarterly Business Travel Tracker in collaboration with JD Power and Tourism Economics will help anticipate and identify consumer opportunities and risks—highlighting the greatest opportunities to grow travel and ensure it is established (..)

Travel 100

Travel Consumer Tourism Business 100

Hospitality Net

MAY 3, 2023

Loyalty in the travel industry is more important than ever. Data from Expedia Group’s 2023 Traveler Value Index indicates that more than half (53%) of travelers enrolled in loyalty programs say that it is now more important when traveling to stay with providers where they are a member than it was pre-pandemic.

Travel 123

Travel Consumer 123

Hospitality Net

DECEMBER 15, 2023

In the aftermath of a robust resurgence in the travel industry throughout 2023, hotels are gearing up for a transformative 2024, marked by shifting consumer preferences and the rise of cutting-edge technologies to help hotels address increasingly complex consumer and operational demands.

Consumer 198

Consumer Hotels Travel Operations 198

Hospitality Net

MAY 23, 2023

Traveler expectations have changed over the past four years – the hospitality industry of 2023 is not that of 2019. These expectations are catalysts for change as today, personalization tops the agenda, with consumers seeking customizable offers when it comes to booking travel.

Travel 134

Travel Consumer Hospitality 134

Boutique Hotel News

JANUARY 16, 2023

Industry leaders share their thoughts on the travel, hospitality and economic landscape in 2023. The resurgence in consumer travel following the pandemic has proven more resilient than many expected, reflecting the increased value many ascribe to it following the deprivations of the pandemic. “The BHN reports.

Travel 98

Travel Hospitality Average Length of Stay Consumer 98

Hotel Business

MAY 16, 2023

The global luxury hospitality industry is undergoing a transformation as luxury hotels have risen in popularity in tandem with rising global wealth and consumers’ increased prioritization on immersive experiences. As the HNW population grows worldwide, expect luxury travel to accelerate. By 2033, there will be 1.7

Travel 52

Travel Consumer Hospitality Tourism 52

Hospitality Net

MAY 3, 2024

Accor is proud to have participated to the Future Hospitality Summit, which returned to Saudi Arabia this year, bringing together the Kingdom’s leading industry experts. From 2022 to 2032, the growth rate in the GCC’s tourism sector is projected to be 13.6% with a potential market value of 65.5 billion USD.

Consumer 184

Consumer Tourism Travel Market 184

Hospitality Net

JULY 12, 2023

Though inflation and increased travel costs are squeezing consumers’ wallets, travel spending is still prioritised over other discretionary expenses. Europe’s tourism recovery is maintaining its momentum despite economic headwinds, reaching about 95% of 2019 levels of international tourist arrivals.

Tourism 100

Tourism Travel Consumer 100

Hotel Business

MARCH 28, 2024

Daniella Foster , executive board member/global SVP, public affairs, market access and sustainability, Bayer ’s Consumer Health Division, has been appointed as vice chair of the Sustainable Hospitality Alliance. “We welcome our new trustees who bring their wealth of experience in the spheres of sustainability and hospitality.

Hospitality 59

Hospitality Consumer Market Marketing 59

Hospitality Net

APRIL 29, 2024

More consumers are prioritising social values, the environment, and health and wellness in their purchasing decisions than ever before—and travellers are no exception. To stay competitive, hotels not only need to make these values a priority but also ensure that their claims can be substantiated by real actions and evidence.

Consumer 130

Consumer Hotels Travel 130

Hospitality Net

MAY 3, 2023

After a period when consumers were prioritizing spending on travel and experiences regardless of the expense, hotels in some markets are now beginning to see that trend slow down as inflation persists.

Travel 100

Travel Consumer Market Marketing 100

Hospitality Net

MARCH 19, 2024

The hospitality industry is constantly trying to keep up with ever-changing consumer demands.

Hospitality 202

Hospitality Consumer Business Travel 202

Amadeus Hospitality

APRIL 11, 2023

Originally published on Hospitality Net By: Francisco Pérez-Lozao Ruter, President, Hospitality, Amadeus I just recently learned that I’m a Travel Tech-fluencer. This insight produced 4 distinct Traveler Tribes – Travel Tech-fluencers, Excited Experientialists, Pioneering Pathfinders, and Memory Makers.

Travel 98

Travel Upsell Services Hospitality 98

Hospitality Net

FEBRUARY 27, 2024

The hospitality industry, encompassing hotels, restaurants, and leisure facilities, stands at the forefront of service and experience-oriented businesses. The onset of global crises has dramatically altered the landscape of travel and customer expectations, forcing the remodeling of traditional strategies.

Hospitality 175

Hospitality Consumer Services Business 175

Hospitality Net

JULY 10, 2023

Despite the current economic landscape, exponential levels of revenge travel in summer 2023 continues unabated. But although travel demand is showing no signs of slowing down, consumers are changing the way they travel to meet their current circumstances.

Consumer 195

Consumer Travel Hotels 195

Hospitality Net

FEBRUARY 20, 2024

As travel volumes rebound, many hotels are concentrated on meeting evolving consumer expectations while ensuring financial stability. In recent years, hotels have faced myriad challenges, including supply chain disruptions, economic volatility, and labour shortages.

Consumer 180

Consumer Hospitality Revenue Travel 180

Hospitality Net

OCTOBER 11, 2023

In the inaugural Further Forecast trend report by Design Hotels, we define six key themes over 158 pages of actionable insights, case studies, and interviews that will transform the industry in 2024 and beyond—and the way we travel today, tomorrow, and for years to come.

Forecasting 204

Forecasting Consumer Hotels Travel 204

Hospitality Net

MARCH 6, 2024

Travel demand is likely to stabilize in 2024 benchmarking record occupancy and rate. The Industry will see 65+ percent occupancy overall and even higher ADR in 2024.

Market 131

Market Marketing Occupancy Consumer 131

Hospitality Net

OCTOBER 16, 2023

Mews has been named the World’s Best Hotel PMS Solutions Provider and the World’s Best Independent Hotel PMS Solutions Provider at the World Travel Tech Awards. Now in its third year, the sister event of the World Travel Awards serves to recognize and celebrate excellence in travel technology.

Consumer 162

Consumer Events Travel Hotels 162